Oil breaks $100 – closes above $95 indicate strengthRussian Expulsion from SWIFT supports indicated further market volatilitySanctions strengthen Russian Chinese AlliancesInflation set to continue climb furtherGlobal wheat trade dependent on Russian and UkraineRussia represents 2/3 of the world’s ammonium nitrate production which is used in fertilizersRussian Nornickle mines … [Read more...] about Volatile Tiger Shows His Teeth
Commodity Cycle Emerging
Energy Bull Market signaled by muted E&P investment outlook supported and price action Crude oil and natural gas prices have broken above long-term downward trend lines and are now back testing this support. Oil support at $ 58-60/bbl technical resistance at $77/bbl Natural gas support … [Read more...] about Commodity Cycle Emerging
Helicopter Money
Global Central Banks throw Helicopter Money at Markets, giving Bond Markets a lifelineOil and natural gas bottom, slowly building a base as rig counts fall suggesting higher prices ahead … [Read more...] about Helicopter Money
Panic and Distraction
2020 Rat brings Fear and Distraction Oil at $40-42 support, break of $39.19 would suggest retest of $32-35 followed by $28 and ultimately support rests with the 2016 low of $26.05.Natural gas has strong support at $1.61Oil and Gas Producers break 20-year support levelsDebt bubble is real issue with repo markets warning of continued financial distress Panic has … [Read more...] about Panic and Distraction
